Forex Opinion & Analysis

The USD/JPY has edged higher as we begin the new trading week. The pair is trading slightly above the 98 line in Monday's European session. In economic news, the Japanese trade deficit widened,...

Strategy in Play:The GBP/USD is forming a Head & Shoulder pattern on a 30 minute time frame. If this pattern does play out completely, we could easily see the price near the minor support zone...

Strategy in Play: The USD/JPY has formed a double top on a 60 minute time frame. However, the price is trading sharply above the upward trend line and has not broken this line so far which suggest...

Currencies EUR/USD- the pair is consolidating in a resistance zone on a 30 minute time frame. The RSI is showing that bias could be to the downside.USD/JPY- the pair has formed a double top on a 30...

EUR/USDThe pair finished the session lower as market participants positioned for a raft of risk events which are due to take place this week, which includes the delayed jobs report from the BLS for...

After rising to eight-month highs last week, EUR/USD is showing little change as we start the new trading week. The pair is trading in the high-1.36 range in Monday’s European session. With the...

This week the market is playing catch up. A plethora of missed US fundamental releases now get to see light of day beginning with tomorrow's non-farm payroll report. Investors are eager to get their...

This week the scorecard recommends buying the USD, NZD, AUD while selling the GBP, NOK, CHF Last week's sell-off in the USD as a result of the last-minute deal on the US debt ceiling is the key...

The Cable had a similar situation with the EUR/USD, and also created a head and shoulders formation in the mid-term chart. Similarly, this formation was denied, and bears were not able to manage...

The past week was definitely a successful week for the EUR/USD which came very close to the levels from the beginning of February. Being near maximums did not cause a bearish retracement itself, which...

This could turn out to be a wild month with the backlog of US data beginning to line up, coupled with the tentative first glimpse at whether of not the US shutdown had any lasting effect on the health...

A very quiet open this morning, with no news impacting the markets. USD/JPY is the biggest mover, after disappointing Japanese Trade data (with exports growth slowing), added to the challenge to...